
Ford and Geely Settle on Terms of Volvo Sale

Ford and Zhejiang Geely Holding Group Co., Ltd. have come to agreements about all major terms for the sale of the Volvo brand to Geely. Geely, based in China, plans to agree to a stock purchase in the first quarter of 2010, with the final sale completed by the year’s end. Ford had named Geely its preferred bidder for Volvo in October. Ford reiterated today that, if the sale goes through, it wants to continue cooperating with Volvo, but will not hold any shares in the company. The deal still has to be finalized by executives of the involved companies and approved by government regulatory agencies. We should have more details this spring. Related posts: Ford Chooses Chinese Automaker Geely as Preferred Bidder for Volvo 2009 Volvo







| SeksiTwit (TwitTy) : White Horse Inn Good Advice vs Good News 3:
aol kathewadi project news on NEWS 24 http://tinyurl.com/2erm4lg.. Updated : 2010-07-30T06:49:05Z | Reply | View Tweet |
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GospelAccrdg2BR (BR Chelmo) : B.R. 23:1 Thou shalt not look to musicians and actors for advice or a coherent lifestyle. High divorce rates, drug abuse, & Scientology???.. Updated : 2010-07-30T06:49:03Z | Reply | View Tweet |
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justinemarie_OX (JustineMarie) : Shut it !! RT @sbnikesoul68: Tell me about it lol RT @RevRunWisdom: 1 gr8 piece of advice::: Happy wife,, happy life... Updated : 2010-07-30T06:48:54Z | Reply | View Tweet |
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SmritiG (Smriti George) : I hate it when younger siblings give wise advice. I'm the older one dammit!.. Updated : 2010-07-30T06:48:49Z | Reply | View Tweet |
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lizmansell (Elizabeth Mansell) : Advice neeed- hubby got an interview + can pick his own time slot I said he should go last cos then he is fresh on their minds?Good idea??.. Updated : 2010-07-30T06:48:48Z | Reply | View Tweet |
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